Picking Up More Shares of This Holding With a Shortfall on the Horizon

Symbol	Transaction Type	# Shares Traded	Recent Price $	Shares Owned After Trade	% Portfolio
WELL	Buy	262	$186.75	592	2.0%

After you receive this alert and when the stock market opens, the Portfolio will buy 262 shares of Welltower (WELL) at or near $186.75. Following the trade, the Portfolio will own 592 WELL shares, roughly 2.0% of its assets.

With WELL shares settling above their 50-day moving average, a positive test of that support level, we are moving ahead with the plan we shared with you last week to add some additional shares to our holdings. If you missed our aging of the population signals from this past weekend’s alerts, they reaffirm the expected shortfall in senior housing in the coming years.

We see Welltower very well positioned to benefit from that pain point, and we also like the REIT structure behind the company, which bodes well for our dividend income stream over time. The Federal Reserve has already delivered 150 basis points in rate cuts over the last two years, taking the fed funds rate down to the current roughly 3.64%.

Should the Fed deliver more rate cuts in the coming quarters, something that will be determined by incoming data like Tuesday's November Employment Report, we should see dividend-paying stocks and those with enviable dividend yields come back into vogue with investors. The same goes for companies housed inside of REIT structures like Welltower, and business development company (BDC) ones, like SuRo Capital (SSSS) .

The trade, or rather trades, we are not making on Monday are the ones discussed in Friday’s video that would reset our overall chip exposure to make room for Broadcom (AVGO) shares. The reason for this hinges on where AVGO shares closed on Friday, below their 50-day moving average.

This doesn’t mean we are abandoning this realignment altogether, just that much like we did with looking to see if WELL shares positively tested their 50-day moving average on Friday, we are looking to see if AVGO shares do the same with Monday's market close.

If a positive test is delivered, that will increase the odds of us going forward with that chip position realignment.

If it isn’t, that means we could have some additional downside in AVGO shares, and that means we’ll want to closely follow the MACD for the shares as we contemplate when to make our move.

More than likely, the combination of adding more WELL shares and that chip position realignment will take the Portfolio’s cash level down about 6.0%. That means that if we execute all those trades, one of our next areas to focus on will be those Portfolio positions that are nearing a 4.5% position size and those that enter an overbought condition.

It’s not that we wouldn’t be comfortable with where the Portfolio’s cash position could be in the coming days, but as we get ready for 2026, we would want to have the firepower on hand to be opportunistic.

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(Please note that we are looking to execute these trades at or near the share price mentioned above. Once the trade is completed, subscribers can see the trade's executed price here. Be sure to toggle the chart to sort by Purchase Date.)

At the time of publication, TheStreet Pro Portfolio was long WELL and SSSS.